EconPapers    
Economics at your fingertips  
 

Financial Incentives in Academia: Research versus Development

Albert Banal-Estanol () and Ines Macho-Stadler ()

UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC)

Abstract: This paper investigates the effects of monetary rewards on the pattern of research. We build a simple repeated model of a researcher capable to obtain innovative ideas. We analyse how the legal environment affects the allocation of researcher?s time between research and development. Although technology transfer objectives reduce the time spent in research, they might also induce researchers to conduct research that is more basic in nature, contrary to what the ?skewing problem? would presage. We also show that our results hold even if development delays publication.

Keywords: Faculty behaviour; basic vs. applied research (search for similar items in EconPapers)
JEL-codes: I23 L21 L31 M13 O31 (search for similar items in EconPapers)
Pages: 23
Date: 2007-04-13
New Economics Papers: this item is included in nep-ino, nep-ipr, nep-pr~ and nep-sog
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://pareto.uab.es/wp/2007/69307.pdf (application/pdf)

Related works:
Working Paper: Financial Incentives in Academia: Research versus Development (2007) Downloads
Working Paper: Financial incentives in academia: research versus development (2007) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aub:autbar:693.07

Access Statistics for this paper

More papers in UFAE and IAE Working Papers from Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) Contact information at EDIRC.
Bibliographic data for series maintained by Xavier Vila ().

 
Page updated 2020-02-18
Handle: RePEc:aub:autbar:693.07